Permitted Activities definition

Permitted Activities. The primary activities of the trust created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Trust created pursuant to this Agreement which shall be: (i) holding Mortgage Loans transferred from the Depositor and other assets of the Trust Fund, including any credit enhancement and passive derivative financial instruments that pertain to beneficial interests issued or sold to parties other than the Depositor, its Affiliates, or its agents; (ii) issuing certificates and other interests in the assets of the Trust Fund; (iii) receiving collections on the Mortgage Loans and making payments on such certificates and interests in accordance with the terms of this Agreement; and (iv) engaging in other activities that are necessary or incidental to accomplish these limited purposes, which activities cannot be contrary to the status of the Trust Fund as a qualified special purpose entity under existing accounting literature.
Permitted Activities means the primary activities of the Trust, which are:

Examples of Permitted Activities in a sentence

  • Owner hereby grants to the City a revocable, non-exclusive license for the purposes of performing the Permitted Activities described in Section 2 below, subject to the conditions and provisions stated in this License.

  • The effects associated with traffic movements are controlled by proposed Rule 14.12.2 (P4) – Traffic Generation for Permitted Activities within the Transportation Chapter.

  • The Committee has provided direction that it seeks to enable mineral extraction and that, where possible, Permitted Activities should be considered.

  • The Chapter shall use, only for Permitted Activities, the assets and resources available to the Chapter and the records created or maintained by the Chapter, including the list of Chapter members, the minutes of meetings, the records of theChapter’s activities, the website and social media platforms for the Chapter, and the funds in the bank accounts to which the Chapter has access (the "Chapter Assets").

  • Any application for a Discretionary or Non-Complying Activity shall generally comply with the conditions for Permitted Activities.


More Definitions of Permitted Activities

Permitted Activities. The primary activities of the Trust Fund created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Issuing Entity created pursuant to this Agreement which shall be:
Permitted Activities has the meaning stated in Section 2.3(a) of the Trust Agreement.
Permitted Activities means each of the activities described in Section 2 hereof.
Permitted Activities means activities carried on for the purposes of the Main Business;
Permitted Activities means (i) the asset management, investment management and financial services business or any business ancillary, complementary or reasonably related thereto and reasonable extensions thereof, (ii) the businesses conducted by the Company, the Operating Partnerships or their Affiliates as of the Issuance Date, and (iii) such other lines of business as may be consented to by the Holders’ Committee, in each of clauses (i), (ii) and (iii) only to the extent conducted by any of the Operating Partnerships and, subject to compliance with Section 3(b)(ii), an Operating Group Entity.
Permitted Activities means activities carried on for the purposesof the Interconnector Business;